Mervyn King speaks on inflation targeting at LSE

Mervyn King, deputy governor of the Bank of England, gave a speech on The Inflation Target Ten Years On at the London School of Economics on Tuesday 19 November.

Ten years after the inaugural LSE Bank of England Lecture, at which the then governor argued the case of price stability, Mervyn King examined whether ten years of inflation targeting have delivered the promised benefits, and looked at the challenges that lie ahead.

King spoke on what ten years of the inflation target had achieved, looked at the case for price stability, what price stability meant in practice, and concluded with looking at what challenges lie ahead for monetary policy over the next decade.

Mervyn King has been deputy governor of the Bank of England since 1998, responsible for monetary policy, and a member of the Monetary Policy Committee. Prior to this, he was the Bank of England's chief economist and executive director.

Use of this website is subject to, and implies acceptance of, its Terms of use (including Copyright and intellectual property, Privacy and data protection and Accessibility). The London School of Economics and Political Science is a School of the University of London. It is a charity and is incorporated in England as a company limited by guarantee under the Companies Acts (Reg no. 70527).The registered office address of the School is: The London School of Economics and Political Science, Houghton Street, London WC2A 2AE, UK; Tel: +44 (0)20 7405 7686